Carbios Reports Fiscal-Year 2025 Financial Results

Carbios has announced its financial results for 2025, highlighting significant reductions in operating expenses by €7 million, resulting in a reduced operating loss. The company's strong cash position of €59 million at year-end enables it to manage operating expenses beyond the next year, with projected cash consumption for 2026 estimated at €20 million. Key strategic goals for 2026 include resuming the Longlaville industrial project, expanding biorecycling technology in Asia, enhancing commercial development, and maintaining financial discipline.

Operating revenues for 2025 were €5.7 million, slightly up from €5.1 million in 2024. Operating expenses decreased to €30.7 million from €37.5 million in 2024 due to strategic cost-cutting measures. Carbios' net loss increased to €34.3 million from €23.4 million in 2024, partly due to a non-cash impairment provision for shares in Carbiolice.

Carbios maintains a robust balance sheet with assets totaling €232.5 million and shareholders' equity of €187.6 million. Liabilities decreased by €4.5 million, reflecting debt repayment and trade payable reduction.